The purpose of the AICPA's Code of Professional Conduct is to
A) induce the accountants through guidance, rules, interpretations, and rulings to join the AICPA.
B) help AICPA members monitor their own behavior.
C) employ the degree of knowledge, skill, and judgment possessed by a rational individual.
D) fulfil all the client requirements included in the engagement agreement.
B
Explanation: B) The purpose of the AICPA's Code of Professional Conduct is to help AICPA members monitor their own behavior.
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The revenue of Carol's Environmental Services for Years 1, 2, and 3 are $40,000, $60,000 and $80,000, respectively. Year 1 is the base year. The trend percentage for Year 3 is:
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